Gen III Oil received a term sheet from Export Development Canada (EDC), a financial Crown corporation, for a term loan for up to C$72 million ($55 million) to finance up to 50% of a base oil re-refinery in Bowden, Alberta.

Altius Minerals amended its existing credit facility to refinance its existing term and revolver debt. Bank of Nova Scotia and ING Capital led the refinancing, with TD Bank and Export Development Canada participating.

Trevali Mining completed the acquisition of a portfolio of zinc assets from Glencore and certain of its subsidiaries. Scotiabank and SG America Securities served as co-lead arrangers for a $160 milllon term loan and a $30 million revolver to support the transaction.

GE Energy Financial Services and UPF Energia Elctrica have secured $220 million of project financing for two jointly owned thermal power projects in Argentina. Citi, Credit Suisse and EDC led the financing.